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HII Reports Second Quarter 2024 Results

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  • Record second quarter revenues of $3.0 billion, up 6.8% compared to second quarter 2023
  • Operating income of $189 million, up 21.2% compared to second quarter 2023
  • Net earnings of $173 million or $4.38 diluted earnings per share
  • Delivered Virginia-class submarine New Jersey (SSN 796)
  • Delivered amphibious transport dock Richard M. McCool Jr. (LPD 29)
  • Company reaffirms previously issued shipbuilding guidance1
  • Company raises the Mission Technologies revenue guidance range1
  • Company reaffirms previously issued free cash flow2 outlook1

1The financial outlook, expectations and other forward looking statements provided by the company for 2024 and beyond reflect the company’s judgment based on information available at the time of this release.

2Non-GAAP measures. See Exhibit B for definitions and reconciliations.

Read below for HII’s second quarter 2024 results.

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Brooke Hart (Media)
[email protected]
202-264-7108

Christie Thomas (Investors)
[email protected]
757-380-2104

 
 
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Danny Hernandez

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